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Sunday 2 April 2023 Dublin: 10°C

# Bankruptcy

All time
# Bankrupt
‘I’ve given six years to my debt, tried selling my home on YouTube and now I’m bankrupt’
Jillian Godsil says the personal insolvency laws are not designed for ordinary people saying she had no other option but to file for bankruptcy.
# New Rules
Prediction that Government forecast for bankruptcies could be exceeded by 100 per cent
A restructuring expert claims there could be 6,000 bankruptcy cases this year, as people are finding the process simpler and more appealing than insolvency.
# Prime Numbers
Ariel Sharon, bankruptcy, and water meters: The week in numbers
Plus: How many people in the world are obese?
# Bankrupt
'No surrender!': BNP leader Nick Griffin's response to being declared bankrupt
Griffin says his bankruptcy won’t prevent him from staying on as an MEP.
# Bankruptcy
3,000 bankruptcy applications expected in 2014
This compares to just 58 people declared bankrupt last year, with new legislation which came into effect last month expected to cause a ‘significant increase’.
# News Fix
Here’s What Happened Today: Wednesday
Everybody’s talking about the bad weather, bankers charged with €7.2 billion fraud, and Ian Watkins sentenced to 35 years in prison.
Column: We need new ways to acknowledge grief in our rapidly changing society
The experience of the darker range of emotions is healthy and natural. But what happens when traditional grieving practises fade away, when your community experiences mass emigration, or your friendships move online?
# Bankruptcy
New bankruptcy rules to be signed into law by Minister Shatter today
The new procedures reduce the term of bankruptcy in Ireland from 12 years to three.
# Bankrupt
New bankruptcy law 'imminent' following country's first debt settlement deal
Under the new laws the period of bankruptcy will be reduced from 12 to three years.
# personal insolvency
Two more insolvency cases heard under new regime as 7,500 contact ISI
According to the statistics section of the ISI’s website, there were almost 7,500 contacts made to to the ISI either by email or telephone up to the end of October.
# Bankruptcy
Property tycoon Bernard McNamara to be discharged from bankruptcy today
The property developer was involved in the purchase of the Irish Glass Bottle site and The Burlington Hotel in Dublin.
# loan
Cyprus gets €1.5bn from EU's emergency fund
The crisis-hit nation has now received half of the package it was pencilled to get from the ESM.
# insolvency
PIP apologises for comments about ‘bigger houses’ for professionals
Jim Stafford issued a statement saying that he did not intend to ‘create a distinction between so called professional classes and PAYE workers’.
# Bankruptcy Tourism
Government has made no attempt to stop "bankruptcy tourism"
The Justice minister says that people are “entitled” to seek more favourable bankruptcy deals in the UK.
# News Fix
Here’s What Happened Today: Monday
Everyone’s talking about Pat Kenny versus Sean O’Rourke and the funeral of Nobel laureate Seamus Heaney.
# Bankruptcy
"Arrogant, Inhuman, Bastards" - Ivan Yates takes aim at banks over his bankruptcy
The former Fine Gael minister defended his bankruptcy in the UK, saying that it made him feel so down he wished he was dead.
# Radio
Ivan Yates returning to Newstalk
The 53-year-old will return to the station’s breakfast show on Wednesday morning.
# News Fix
Here’s What Happened Today: Tuesday
Everyone’s talking about the government asking Facebook for users’ information and intervention in Syria.
Column: There's no shame in bankruptcy – it is now a viable and positive option
This autumn will see a new personal insolvency system coming into effect that will put mortgage holders in arrears in a far stronger bargaining position with the banks, writes Ross Maguire SC.
# Canada
Owner of derailed train firm that killed 47 in Quebec files for bankruptcy
The company says the “obligations of both companies now exceed the value of their assets”.
# US
The US city of Detroit has filed for bankruptcy
Detroit stopped making payments on some of its $18.5 billion of debt and obligations last month.
# Baron of Ballsbridge
NAMA tries to stop Seán Dunne's US plans
Another twist in the tale…
# Broke in the USA
Seán Dunne bankruptcy case adjourned for three weeks
Ulster Bank is awaiting the outcome of an appeal on a US court ruling before it can serve the property developer in Ireland.
# experience the difference
'Becoming complacent is my only worry' - David Drumm's 2005 take on Anglo
Three years before the bank guarantee, the then-CEO was talking up Anglo’s hiring policy and describing the outlook for Ireland as ‘very positive indeed’.
# Bankruptcy
How Sean Dunne could be declared bankrupt in Ireland... and in the US
A court ruling in the US is a blow to the former property developer who owes millions to Ulster Bank.
# Bankruptcy
Over 130 people with Irish addresses filed for bankruptcy in UK during crisis
Figures also show that 35 people moved to England or Wales last year solely for the purpose of seeking bankruptcy.
# Clerical Abuse
Abuse victims to receive $16.5m as Christian Brothers declare US bankruptcy
Two corporations behind the ‘Irish’ Christian Brothers will enter ‘Chapter 11′ bankruptcy, which allows them to reorganise.
Column: The insolvency process should be a competent public system that ensures everyone has access
The Personal Insolvency Practitioners (PIP) will not be given prescriptive rules around charges, meaning the person who is really in trouble and has no funds could be left on the insolvency scrap heap, writes David Hall, who says there are a number of issues that need to be changed immediately.
# Sean Dunne
Sean Dunne declares bankruptcy in US
The former property devleoper filed for bankruptcy at a Connecticut court on Friday, citing assets of between $1 – 10 million and debts in the region of $500 million – $1 billion.
# personal insolvency
Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012
129 people travelled in 2012, compared to just 69 in 2011. Just 35 people were declared bankrupt in Ireland in 2012.
# special effects
This is what movies would look like without visual effects
Not so glamourous now, eh?
# Leaders' Questions
Personal insolvency agency to open 'early in the summer' - Taoiseach
Enda Kenny told the Dáil that he was not happy with the banks’ level of resolution of cases where customers are in mortgage arrears.
# Game Over
Video game maker Atari files for bankruptcy
Atari, which turned 40 last year, was a video game pioneer with games like “Pong” and “Centipede,” but has changed ownership several times amid financial problems.
# Bankruptcy
Insolvency service on the way as Dáil passes legislation
The long-awaited Personal Insolvency Bill, which will allow some write-down of debts, will be signed into law next week.
# debt mountain
Eurozone finance ministers meet (yet again) to try to fix Greece
This will be the third time in two weeks that finance ministers from across the EU will meet to deal with the the threat of bankruptcy for Greece.
# Property Porn
GALLERY: A tour around David Drumm’s soon-to-be-auctioned Malahide mansion
20 Abington has been on the market for some time – but has now been the subject of rival bids from two couples.